Countertrade refers to
A) the illegal agreement of one country to buy products exclusively from another.
B) the legal agreement of one country to buy and sell certain products exclusively from one another.
C) the practice of using barter rather than money for making global sales.
D) the sale of industrial goods from a brick and mortar outlet rather than directly from the manufacturer.
E) the use of foreign currency in making global purchases to minimize risk from currency fluctuation.

Question

Quizplus · Accepted Answer

Countertrade is the practice of using barter rather than money for making global sales, where goods and services are exchanged directly without the use of currency.

Countertrade Refers to